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Bitcoin and Major Altcoins Trade at Negative Kimchi Premium on Korean ExchangesCrypto 2025. 5. 14. 01:47
Negative Kimchi Premium widens: BTC, ETH, and major altcoins trade below global prices. As of 12:00 AM KST on May 14, Bitcoin was trading at KRW 145.58 million on Upbit, up 0.49% from the previous day, while Binance listed it at KRW 146.39 million, resulting in a negative Kimchi Premium of -0.56%. Ethereum also showed a -0.55% discount, with major altcoins like SOL, XRP, DOGE, and SHIB trading 0.48% to 0.57% below global prices. Most top altcoins on Korean exchanges are currently experiencing negative premiums in this range.
Read more: https://www.ittimes.com/news/articleView.html?idxno=74263Negative Kimchi Premium Widens: BTC, ETH, and Major Altcoins Trade Below Global Prices - IT타임스
As of 12:00 AM KST on May 14, BTC was trading at KRW 145.58 million on Upbit, up 0.49% from the previous day. Meanwhile, the price on Binance stood at KRW 146.39 million. The price gap of -KRW 810,...
www.ittimes.com
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